$1,189,000
2736 W Evergreen Street
Chicago, IL, 60622
Prime Investment Opportunity – Legal 4-Unit with Strong Upside Potential! Investors and owner-occupants, take notice! This legal 4-unit property with a 6/3/2 unit mix offers significant value-add potential with below-market rents and ample opportunity to enhance the units for maximum rental income. The front building features three spacious units, each with 3 bedrooms, 2 baths, central air, and heat, while the rare 2-level, 3 bedroom, 2 bath coach house provides additional income or an ideal owner-occupied living space. With tenants covering their own utilities and on-site coin laundry for extra revenue, this property presents an investment opportunity with strong cash flow potential. Located just steps from Humboldt Park, this is a prime opportunity to renovate, reposition, and maximize returns. For owner-occupants, live in the coach house, enjoy a single-family home feel, and let rental income offset your mortgage. Seize this opportunity to invest in a high-demand rental market with strong value-add potential and room for growth!
Property Details
Price:
$1,189,000
MLS #:
MRD12294432
Status:
Active Under Contract
Beds:
12
Baths:
8
Address:
2736 W Evergreen Street
Type:
Multi Family
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Feb 20, 2025
State:
IL
ZIP:
60622
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Financial
Tax Year
2023
Taxes
$23,490
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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2736 W Evergreen Street
Chicago, IL
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